BNB H1 – SHORT ↓
Current price: 686.33 USD (-1.30% in 24h), latest H1 candle closed at 685.86 USD (-1.44% compared with the close of 24 candles ago at 695.86 USD).
24h high: 703.30 USD, low: 681.00 USD.
BNB just broke sharply down from around 701 USD to a new low of 681 USD in the last 2 H1 candles, tracking the broader decline alongside BTC. Sellers are dominating.
SHORT setup:
- Entry: 684 - 690
- SL: 697
- TP1: 681
- TP2: 675
- TP3: 668
Bullish scenario: if the price rebounds above 697 and holds, the SHORT setup is no longer valid, and BNB could retest 703.
Bearish scenario: if it stays below the Entry, the targets are TP1, then TP2, and finally TP3.
$BNB
Current price: 686.33 USD (-1.30% in 24h), latest H1 candle closed at 685.86 USD (-1.44% compared with the close of 24 candles ago at 695.86 USD).
24h high: 703.30 USD, low: 681.00 USD.
BNB just broke sharply down from around 701 USD to a new low of 681 USD in the last 2 H1 candles, tracking the broader decline alongside BTC. Sellers are dominating.
SHORT setup:
- Entry: 684 - 690
- SL: 697
- TP1: 681
- TP2: 675
- TP3: 668
Bullish scenario: if the price rebounds above 697 and holds, the SHORT setup is no longer valid, and BNB could retest 703.
Bearish scenario: if it stays below the Entry, the targets are TP1, then TP2, and finally TP3.
$BNB
